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A partial payment is made on the date indicated Use the United States rule to...

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Basic Math

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A partial payment is made on the date indicated Use the United States rule to determine the balance due on the not the date of maturity The Effective Date is the date the note was written Assume the year is not a leap year Principal 8000 Effective Date Maturity Date Date July 15 Dec 9 Feb 1 Click the icon to view a table of the number of the day of the year for each date Partial Payment Rate 6 Amount 5000 The balance due on the note at the date of maturity is Round to the pon Indl

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